Sulfuric Acid Market - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast 2015 - 2023
133 Page Report
Alterative Sulfur Recovery Technologies Could Breathe New
Lease of Life into Sluggish Market, says TMR
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Sulfuric Acid Market
Sulfuric Acid Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023
The top three players, The Mosaic Company, PotashCrop, and Vale Fertilizers held a collective share of 10.5%
in the global sulfuric acid market in 2014. However, the competitive landscape of the market is defined by
sluggish growth due to capital-intensive nature of the market and growing concerns about hazardous effects of
sulfuric acid, says Transparency Market Research in a new report.
To change the pace of the market and to earn higher revenues, companies will focus on mergers and
acquisitions. Development of high-performance products and establishing valued customer relationships are
also some the key strategies being adopted by players operating in the overall market. For instance, The
Mosaic Company, a global leader, is focused on achieving output by minimizing its carbon footprint.
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Sulfuric Acid Demand Remains Steady in Developing Regions
Sulfuric acid is a critical component of various processes as it is used as both, an intermediate and as a raw
material for chemical manufacturing processes. The rapid industrialization in China is identified as the major
factor accelerating the consumption of sulfuric acid. This growth will also be supplemented by the rise of the